...As a native of Yantai, I would like to introduce my hometown. If Shandong is compared to an eagle, Yantai is eagle's forehead. Yantai, Asia's only international wine city, UN Habitat Award City, China's new second tier cities, is located in China's third major economic provinces - the eastern end of Shandong peninsula. Yantai is the third largest city in Shandong, the second most powerful city in Shandong Province, second only to Qingdao. One of the first batch of 14 Chinese open coastal city, the state historical and cultural city, national civilized city, Chinese best leisure city, China economic strength of 20 strong city, one of the most China safe city, one of the ten big city China happiness, one of the ten most beautiful Chinese City,...
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...Wines from the New World: Marlborough, New Zealand Wines from the New World tend to be growing outside of traditional European regions and stray away from the traditions of the Old World. That being said; Marlborough, New Zealand is one of the regions in which New World wines are produced and is is also the most well-known wine-growing region in New Zealand. In fact, 77% of New Zealand’s total wine production comes directly from the Marlborough region. In 2014, there were 168 wineries and 568 growers in the Marlborough region alone. Of the wines produced, Marlborough is known for it’s “ intensely fruity and vibrant” dry white wines but also produces some reds like Pinot Noir (Cannavan). Sauvignon Blanc is the leading variety coming in at 86% of total wine production. Marlborough’s varietal production is as follows: Pinot noir at 6%, Chardonnay at 3.5%, 3% at Pinot Gris and just under 1% of all wines produced are Riesling. Marlborough is seen as one of the world’s premium wine regions of the world. Despite its size, it draws international attention because of its geographically diverse region that offers a variety of different wine styles. Located along the Northeastern coast of New Zealand’s South Island, Marlborough has a maritime climate which means that the sea has a huge influence on the countries vineyards. Days are typically warm and sunny whilst nights are cooler due to the sea breezes. According to “Wine Marlborough,” there are about 2,457 annual sunshine hours...
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...Indian Wine Industry January 2011 - Posts * ------------------------------------------------- S p e c i a l f e a t u r e AP market to grow by 10% After a total sale of 40 million cases of IMFL between 2009-2010, the Andhra Pradesh Beverages Corporation Limited (APBCL) is expecting a growth of 10 per cent in volume in the coming financial year. This is in keeping with the sales over the last three years which have been increasing consistently. Since April 2010 the monthy sales have fluctuated, with the highest sale months being July and August (refer to table). Last year (2009-2010) the total sales of the AP Beer market decreased to approximately 24.9 cases from 29.2 million cases in the previous year (2008-2009), however an estimate of the monthy sales this year show an increase from 2 million (2009- 2010) to 2.5 million (2010-2011). AP Beverages Corporation Limited (APBCL) is the sole wholesale distributor of Indian made foreign liquor (IMFL) and other alcoholic drinks in the state of Andhra Pradesh. Formed in 1986 with the objective of providing pure, clean and hygienically packed arrack, the Corporation also has the functions of setting up Arrack Bottling units for carrying arrack operations and controlling the IMFL Depots located in the state. The Corporation invites tenders from manufacturers all over the country by issuing an open tender notification in the press for supply of IMFL and Beer on Rate Contract basis. The Government constitutes a Subcommittee...
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...CHAPTER 2 THE GLOBAL ECONOMIC ENVIRONMENT SUMMARY A. The economic environment is a major determinant of global market potential and opportunity. In today’s global economy, capital movements are the driving force, production is uncoupled from employment, and capitalism has vanquished communism. Based on patterns of resource allocation and ownership, the world's economies can be categorized as market capitalism, centrally-planned capitalism, centrally-planned socialism, and market socialism. The final years of the twentieth century were marked by transitions toward market capitalism in many countries that had been centrally controlled. However, great disparity still exists among the nations of the world in terms of economic freedom. B. Countries can be categorized in terms of their stage of economic development: low income, lower middle income, upper middle income, and high income. Gross domestic product (GDP) and gross national income (GNI) are commonly used measures of economic development. The 50 poorest countries in the low-income category are sometimes referred to as least-developed countries (LDCs). Upper middle-income countries with high growth are often called newly industrializing economies (NIEs). Several of the world’s economies are notable for their fast growth; the BRIC nations include Brazil, Russia, India, and China. The Group of Seven (G7), Group of Eight (G-8), and Organization for Economic Cooperation and Development (OECD) represent...
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...2. Executive summary • Two countries researched for potential market entry of Silkwood Wines, using macro-environmental (PEST) analysis, are Argentina and New Zealand. • Argentina is an attractive market for winemakers from ‘target-market’ point of view, but it is not a good time to commence exporting to this country. Unfavourable political and economic situation are the strongest factors that influence this decision. High physical, psychic, cultural and linguistic distances from Australia represent additional potential complications. • New Zealand on the other hand offers less opportunity for profits, but being physically, psychically, culturally and linguistically close to Australia, with a favourable applicable tariff rates and historically good relationship, it is a safe option. • American slightly positive GDP growth in the last quarter and some other latest statistics indicate that the worst times relating to world financial crisis is in the past. Nevertheless, world’s economists are prognosticating that long time is needed for full recovery. Some countries are still in recession and Argentina is battling hard to come out as a winner. Higher risks are associated with these hard times, thus a safer option is recommended. • Taking all this into consideration and the facts that Silkwood Wines are inexperienced in exporting and have limited human and financial resources, I recommend New Zealand as the best country for initial entry. With characteristics above described...
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...mountainous group of islands in the southeastern Pacific Ocean. The two main islands, North and South Islands, are separated by the Cook Strait. Australia, its nearest neighbor, is 1,000 miles (1,600 km) away. • The islands were created just 23 million years ago when land was thrust out of the ocean by volcanic forces. New Zealand has more than 50 volcanoes, some of which are still active today. Sharp snowy peaks, rocky shores, and pastures create a majestic landscape. • The South Island is home to the highest mountain peak in New Zealand, Mount Cook, which rises to 12,316 feet (3,754 meters) and is called "Cloud Piercer" by the Maori people. • Nature Because of its remote location, New Zealand is rich in unusual wildlife not seen anywhere else in the world. Nearly all the land animals are birds and many of these species have lost the ability to fly. The Maori people and European settlers introduced animals to the islands and the flightless birds had no defense against them. • In the last 1,000 years, half of all animals on the islands have become extinct. Deforestation and draining of swamp land is also threatening many remaining species, including the kiwi bird. Fewer than 75,000 wild kiwis remain. Several species are recovering, including the kakapo, kokako, kiwi, and tuatara. • Bats are the only land mammals to have made the ocean crossing. Birds and insects, such as the weta, evolved to fill the gap of mammals on the islands. The giant weta, at...
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...This report aims to explore relevant tourism issues of Australia in a more in-depth extent, based on the analyzed results of previous report. The analysis process is conducted in perspectives of product development, partnerships and team building, community and tourism stakeholder relations, governance and leadership as well as communications and relevant promotions, respectively. At the end of this report, comments and recommendations will be drawn according to the analyzed results. This report consists of following five parts: independent discussions from above four dimensions and comments & recommendations at the end. 2.0 Product development After decades of development, tourism has already become the fastest and most prosperous industry in Australia, with a proportion of 2.5% in terms of its contribution to Australia’s GDP in 2011 (Hooper& van Zyl2011, p. 12). The rapid development of Australian tourism largely depends on its competitive capability of developing tourism products whichappeals to various specific requirements of different segmentation markets. As analyzed from existing research literatures, a comprehensive product mix, which includes tourism items of nature,...
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...Preface This research paper objective is to present on subject “Hotel Accounting” about Four Seasons Hotel and Resort. The goal of creating this report is to study on the structure of hotels. This report presented guideline to Four Seasons hotel and Resort. Each resort and hotel in Four Seasons has different uniqueness and variation, so we provided only best branch from overall branches around the world. The branches that we bring in the project are mostly in Thailand, because the writer comes from Thailand and we want to promote the traveling industry in Thailand. Most of our research comes from internet sources and some in magazine and journals. We also appreciate Four Seasons Hotel and Resort that provided us useful information and advice. So, we hope that you will find a lot of useful information and trivia from our report and use those information in the future. History of Four Seasons Hotel 1961, The first Four Seasons hotel on an unlikely downtown site in Toronto, Canada. 1963, Four Seasons opened its second hotel, Toronto’s Inn on the Park. 1970, Inn on the Park London (later renamed Four Seasons Hotel London) opened, right at the start of the transatlantic jet-travel boom. 1972, Over its history, Four Seasons would make four strategic decisions that formed the pillars of its business platform. The first was about quality. 1976, The second key strategic decision that formed the business platform was about service. 1976, Four Seasons entered the US market...
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...finding of the wine industry and the cultural consumers that visit Tasmania. The needs and wants of wine consumers are constantly changing, therefore, in order to understand consumers, a thorough research has been done. Four main types of cultural consumers will be discussed, which are the wine experts, art enthusiasts, music lovers and fine food activists. Although they have different interests, they share a few traits in common. Next, Maslow’s Hierarchy of needs is discussed to further understand the different needs that consumers have to satisfy. Following those analysis, the cultural experiences that Tasmanian wine producers can offer, strategies to enhance and products that could benefit in the long run will be touched on. 2. Introduction 2.1 Background of the Tasmania & its Wine Industry Tasmania, is one of the smallest yet most distinctive state in Australia and is situated in the southern part. Tasmania, otherwise known as the cool climate wine producing region, houses over 160 individual licensed wine producers To date, the Tasmanian wine industry has been recognized globally for being the main producer of cool climate wines, which still has great potential for growth and is the peak body for its winemakers and grape growers. (Wine Tasmania, 2015). 2.2 Purpose of the Study In the proposed study, a research is carried out to find out what wine consumers and cultural consumers have in common and the desires they have when it comes to consuming wine; such as values...
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...grocer, delivering more than 23 million orders across 24 U.S. markets. As in other pure-play online and clicks-and-bricks alliances, what Peapod brings to the partnership is e-commerce and home shopping expertise, web-based software and ordering systems, web marketing and additional information technology (IT) skills. Ahold’s contributions lie in its considerable buying power, real estate, strong store brand recognition, extensive customer base and category management expertise Products Peapod features over 8,000 products in a range of categories: produce; meat and seafood; deli items; prepared foods; natural and organic foods; Kosher foods; office and school supplies; seasonal items; video products; pet items; health and beauty aids; wine, beer and spirits (in specific markets); and private labels from Stop & Shop and Giant. Markets Served * Illinois - Greater Chicago land * Wisconsin - Milwaukee, Kenosha, Racine, Madison * Indiana - Portions of Lake County in Northwest Indiana * Maryland * District of Columbia * Virginia – Northern part of state (most communities in Fairfax, Manassas and Loudoun Counties) * Massachusetts - Eastern part of state (most communities in Barnstable, Bristol, Essex, Middlesex, Norfolk, Plymouth, Suffolk and Worcester Counties) and select towns in the Pioneer Valley of western Massachusetts * Connecticut - Statewide (except Litchfield and Windham Counties) * Rhode...
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...Nature of the business: Wine/Alcohol Retailer, Bar and Restaurant, Wholesaler, and Delivery Marketing analysis: In early 2005, Christian and David Stone founded More Vino LTD in Port of Spain, Trinidad. The Stone brothers strived to become one of the leading distributors and retailers of the finest local and imported wines. Considering that there were few others who had yet penetrated this industry, they have the competitive advantage of carrying a very wide and exclusive selection of alcohol products. The island of Trinidad is a very well known year round vacation spot for tourists and locals. Demand for this company is typically seasonal and increasing in the peak times of both summer and winter. The foundation for their increasing sales growth is highly dependent on strong economic conditions of Trinidad, as well as its thriving levels of tourism. Sales growth increases by 101% between 2006 and 2007. This growth is mainly attributed to the retail consumption, rather than the expected wholesale and delivery portion of the company. An increase in inventory was necessary to accommodate the increase in demand for that sector. With that said, the Stone brothers found it crucial to find funding to expand their retail business. Increases in sales further suggest that their marketing strategies are efficient and helping to give their business more recognition. Wine tasting events and special promotions help endorse their name and product, while their wine club promotes repeating...
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...the fierce and cutthroat regional airline industry. Founded in 2002 by Robert Deluce, a regional airline veteran, Porter Airlines wanted to take advantage of a small but crucial market in the Toronto area and grow from that beginning. The Toronto area is considered Canada’s financial hub and thus created a large number of business travelers. Deluce’s strategic vision for Porter was to start with exceptional customer service and combine that with numerous flight options by instituting a quick turnaround system for departures and arrivals. He also wanted a competitive but low cost fare structure with the intent to gain a healthy market share in a short period of time. Porter wanted to use a single turbo prop airplane fleet that would have low maintenance costs and would be efficient to run over short distances. This would allow Porter to offer more flights at lower capacities yet still be able to make a profit. Deluce also wanted his working environment to be friendly but efficient and he leads by example. Deluce has also been known to come down to the terminal to greet notable passengers—governors, cabinet ministers—when they arrive. As one observer put it to me, “He runs his airline like a family restaurant.” (Preville, 2013) Air Canada, its subsidiaries and affiliates dominated the Canada airline industry and they often used strong-arm tactics to crush any competition. The lack of competition in Canada’s airline industry allowed Air Canada to maintain high fares...
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........ 8 2.2.2 South Australia’s trade and comparative advantage ........................................................... 9 2.2.2.1 South Australia’s Revealed Comparative Advantage in comparison to other States and Territories .......................................................................................................................................... 12 2.2.2.2 2.2.2.3 Disaggregated Analysis of Key Agricultural Products ....................................................... 18 2.2.2.4 Possible Impacts of ChAFTA Commitments on Agriculture for South Australia ............... 20 2.2.2.5 3 Disaggregated Analysis of Key Non-agricultural Goods ................................................... 14 Wine Sector ....................................................................................................................... 22 Trade in Services and Investment .................................................................................................... 23 3.1...
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...simple great tasting food option to compliment the sports bar atmosphere Keys to success In order to be successful CoJo’s Sports Bar must: * Appeal to as wide as demographic as possible * Select the most suitable location for the bar * Control their costs at all times * Promote specific sporting events on a weekly basis * Provide customers with unique entertainment options such as sports specific trivia * Advertise through local media and social networking including Facebook, Twitter, etc. Company Summary The Industry Canadian Industry The Canadian food and beverage industry has taken off in recent years and has had a major impact on the Canadian economy. Nearly one million people are currently employed in the industry, which generates over 60 billion dollars in sales per year. The industry creates almost 27 jobs for every one million dollars in food and beverage sales, which makes this industry one of the top 5 job creators in Canada. Of the 60.1 billion...
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... 26 Government Regulations 28 Ethical Issues 30 Biblioghraphy 31 INTRODUCTION Entrepreneurship drives any economy; for a business to be viable, it takes an individual with foresight, drive and enthusiasm for the business to be a success. It is therefore the intent of the business owner to join the food industry, which he believes has a very high growth potential. The business venture will be a Manufacturing Company, ‘Zens’ Manufacturer, which will be distributing healthy and affordable choices of products for the health conscious individual. The main aim of Zens’ Manufacturer is to realise profit on its investment, seek and retain customers and to expand its business to various locations island wide. The company is equipped with the latest technology and the necessary mix of skilled workers as its driving force. This School based Assessment (SBA) seeks to equip the researcher with first hand knowledge of the processes in starting a business....
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